Callan Family Office LLC Buys Shares of 15,676 Dominion Energy Inc. $D

Callan Family Office LLC acquired a new stake in Dominion Energy Inc. (NYSE:D) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 15,676 shares of the utilities provider’s stock, valued at approximately $1,071,000.

Other hedge funds also recently bought and sold shares of the company. Motiv8 Investments LLC acquired a new stake in shares of Dominion Energy during the fourth quarter worth about $25,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the fourth quarter valued at approximately $28,000. Triumph Capital Management acquired a new position in shares of Dominion Energy in the third quarter valued at approximately $28,000. Costello Asset Management INC increased its stake in Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after buying an additional 200 shares during the period. Finally, Advocate Investing Services LLC acquired a new stake in Dominion Energy during the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Price Performance

D stock opened at $66.60 on Tuesday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $58.58 billion, a P/E ratio of 23.21 and a beta of 0.65. The business has a 50 day simple moving average of $69.19 and a 200-day simple moving average of $65.69. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be issued a dividend of $0.6675 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 4.0%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.

Analyst Ratings Changes

A number of research analysts recently issued reports on D shares. TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and lifted their target price for the company from $69.00 to $80.00 in a report on Wednesday, August 19th. Weiss Ratings restated a “buy (b)” rating on shares of Dominion Energy in a report on Wednesday, August 19th. Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. UBS Group set a $80.00 price objective on Dominion Energy in a research note on Wednesday, August 19th. Finally, Morgan Stanley lowered their price objective on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dominion Energy currently has an average rating of “Hold” and a consensus price target of $69.93.

About Dominion Energy

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.